Yesterday, U.S. Secretary of the Treasury Janet L. Yellen met with European Commission Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis. Secretary Yellen emphasized the importance of advancing global tax reform efforts in the OECD/G20 discussions on international taxation and expressed that the Biden-Harris Administration is pleased with the progress the U.S. Congress is making […]
Category Archives: U.S. Treasury
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Virtual Meeting with the National Association of Federally-Insured Credit Unions
WASHINGTON — Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo met virtually with the National Association of Federally-Insured Credit Unions (NAFCU) to discuss the U.S. economic recovery from COVID-19, the need for Congress to raise or suspend the debt limit, and the Administration’s proposals to grow the economy, among other issues. Deputy Secretary Adeyemo thanked NAFCU’s […]
Remarks by Secretary of the Treasury Janet L. Yellen to the National Association for Business Economics
As prepared for delivery Over the last year and half, the world has faced a shock due to COVID-19 that many of us did not see coming. Even those that did, likely could not have imagined the depth of the crisis—the loss of lives and livelihoods. Given the success of economic support programs and early […]
Treasury Issues General Licenses and Guidance to Facilitate Humanitarian Assistance in Afghanistan
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two general licenses (GLs) to support the continued flow of humanitarian assistance to the people of Afghanistan and other activities that support basic human needs in Afghanistan. This action continues the U.S. government’s longstanding practice of authorizing the provision […]
READOUT: Deputy Secretary Wally Adeyemo and White House American Rescue Plan Coordinator Gene Sperling Meeting with Faith Leaders
Today Deputy Secretary of the Treasury Wally Adeyemo and White House American Rescue Plan Coordinator Gene Sperling convened a meeting with faith leaders representing a diverse set of congregations and faith-based nonprofits from across the country to discuss efforts to raise awareness about resources included in the American Rescue Plan. Deputy Secretary Adeyemo and Mr. […]
Treasury Announces New U.S. Mint Acting Director
WASHINGTON — Today, the U.S. Department of the Treasury announced Alison Doone as the new Acting Director of the U.S. Mint. Doone previously served as Chief Administrative Officer at the Mint. Doone’s first day as Acting Director will be on October 1 as Director David J. Ryder leaves the bureau to pursue new opportunities. “I’m […]
OCC Releases Fall/Winter Schedule of Virtual Workshops for Community Bank Directors
News Release 2021-102 | September 23, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced its fall and winter schedule of free, virtual workshops for boards of directors of community national banks and federal savings associations. The OCC examiner-led workshops provide practical training and guidance to directors of national community […]
U.S. Treasury Announces Inaugural Round of Small Dollar Loan Program Awards
$10.8 Million Awarded to CDFIs to Provide Alternatives to High Cost Small Dollar Loans WASHINGTON – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded more than $10.8 million in grants to Community Development Financial Institutions (CDFIs) today, through the fiscal year (FY) 2021 round of the Small Dollar Loan […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Prime Minister Boris Johnson of the United Kingdom
Yesterday, Secretary of the Treasury Janet L. Yellen met with Prime Minister Boris Johnson of the United Kingdom. Secretary Yellen highlighted the Biden Administration’s efforts to build a stronger domestic economy for the middle class, and double the United States’ public international climate finance pledge. She welcomed the UK’s leadership of the G7 and COP-26 […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Irish Finance Minister and Eurogroup President Paschal Donohoe
Earlier today U.S. Secretary of the Treasury Janet L. Yellen spoke with Irish Finance Minister and Eurogroup President Paschal Donohoe. Secretary Yellen emphasized the goal of stabilizing the international tax system and stopping the race to the bottom through this once in a generation opportunity offered by the OECD Inclusive Framework. The Secretary also expressed […]